Anadarko Petroleum fell the Most in the SP500

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Anadarko Petroleum fell the Most in the SP500

Published on Monday, 19 July 2010 17:16 Written by Danny Miller

apc New York, July 19^th (Tradershuddle.com) – Shares of Anadarko Petroleum (NYSE:APC) fell the most in the S&P 500 after its shares slid 4.09% to $45.52.

Anadarko (NYSE:APC), the independent oil and natural gas producer and owner of a 25% stake on BP’s Macundo oil well in the Gulf of Mexico, fell as oil spill cleanup costs mounted and as investors’ concerns grew, with seepage reported near BP’s capped well, sparking doubts about the integrity of the latest fix to the leaking well.

The drop came with low volume, as 9.44 million shares traded, 0.70 times Anadarko’s average 90day volume of 13.44 million shares.

The stock's 52-week low is $34.54 and its 52-week high is $75.07.

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